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Letter: Response To S&P Allegations

I, as mayor, and our board were elected in large part to reinstate transparency in government and responsiveness to all of our residents’ concerns. During the past eight months in office I believe our residents will agree that we have attempted to faithfully fulfill this promise to them, and most importantly, will continue to do so. In response to Mr. Avena’s allegations, the objective state audit, during the previous administration time in office. During which he was a trustee, clearly states they were “poor stewards of the village finances.” It lists counts of mismanagement, some more serious than others. The content of this state audit was fully disclosed during our village hall meetings, so that all residents were given access to it. I can also attest to the disarray a firm of highly respectable financial accountants Rosen & Federico found our village in upon our taking office. But most importantly, we immediately put into place sound practices and addressed every mismanagement in the state audit rectifying each and every one. The result, in just six short months, was that the state awarded our village and an A+ Stable rating. The previous state audit rating of the past administration was “negative and unstable,” and according to the village’s financial advisor of Liberty Capital Services, LLC, this is often indicative of a rating that is due to soon be downgraded. It demonstrates no plan or poor plan for the village’s future. The board and I took quick and positive action to ensure the village was quickly put back onto a firm financial footing. The proof of that is in the new state audit we were issued.

We have worked hard to listen to all the voices of our wonderful residents, and to be the best stewards of the village as can be. The lone voice of a malcontent former administrator with his own political agenda is just that. Our residents know that if they have any questions or concerns they can always freely bring them up at any of our Board of Trustees meetings or come to Village Hall at any time for us to address them. It is only in working together as a community that we can continue to move forward.

Giovanna Giunta, Mayor, Village of Manorhaven